MIBR: The First Brazilian Professional Esports Team Fan Token

The fan token has made it so much easier — particularly for sports fans — to be closer to their favorite teams. Ever since it was first introduced by Chiliz, more sports clubs are jumping on the bandwagon and partnering with Socios.com, the blockchain platform powered by Chiliz, to release their own sets of fan tokens. These tokens are cryptocurrencies built on the Chiliz proof of authority (PoA) blockchain. They enable token holders to enjoy a huge variety of membership perks, such as voting on official club pools, merchandise designs, rewards, promotions and VIP experiences.

It’s important to note that these tokens aren’t backed by underlying value principles of Bitcoin or stable assets. Instead, they’re backed by the extent to which the teams’ fans value being part of the club and enjoying exclusive perks.

MIBR is the latest esports organization to join the craze and release their own fan tokens. Excited to find out more about this project to show your support? Read on, as we include everything you need to know about MIBR.

What Is MIBR?

MIBR, or Made in Brazil, is a Brazilian professional esports organization owned by Immortals Gaming Club. The organization currently has a total of six teams: Counter-Strike: Global Offensive, or CS:GO (both male and female); Valorant (both male and female); Rainbow Six Siege; and Garena Free Fire.